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Infosys slips out of Indias top 10 as LIC and Bajaj Finance surge ahead
Economy
Published on 30 April 2026
Despite profit growth, guidance and AI fears hit hard
Infosys has dropped out of India’s top 10 most valuable firms in April 2026 after losing nearly ₹2 lakh crore in market value since January. Even with stronger Q4 FY26 revenue and profit, disappointing FY27 guidance and AI-driven concerns over legacy IT demand pressured the stock. LIC and Bajaj Finance replaced Infosys, underscoring a shift toward banks and non-IT leaders.
- Infosys fell from about ₹6.9 lakh crore to ₹4.9–5.0 lakh crore
- Q4 FY26 profit and revenue rose, but FY27 guidance disappointed investors
- Analysts cited AI reducing demand for traditional outsourcing
- LIC and Bajaj Finance overtook Infosys in the top 10 rankings
Read the full story at IndianWeb2
This summarization was done by Beige for a story published on 
IndianWeb2